Frequently Asked Questions

Can you provide a Proof of Funds Letter for my real estate deal?
Yes we can. You simply need to fill our our Proof of Funds request form. This can be found by clicking on this Proof of Funds  link.

How much are your fees?
We offer some of the lowest fees in the industry. You pay only 2 percent of the loan amount, plus a transaction fee of $495. For a full list of our fees, click on our Fee Schedule. For deals over $500,000 we will consult with you on the fees.

Do you fund everywhere in the U.S.?
We can fund deals in the following 17  states: California, Colorado, Florida, Illinois, Indiana, Maryland, Massachusetts, Missouri, Nebraska, New Jersey, North Carolina, Ohio, Pennsylvania, South Carolina, Tennessee, Texas and Utah.

Can I use my own title company or closing attorney?
Yes you can. But you first need to make sure that the company you choose offers Back to Back closings. Not all do. If your regular title company or closing attorney doesn't offer this, let us know. We can provide you with information on companies that do offer this service in the states we provide funding in.

What kind of real estate deals do you provide funding for?
We provide funding for any kind real estate deal that has an End Buyer in place. This includes Short Sales, REOs, Wholesale deals, For Sale By Owner deals, Commercial Deals, or Land.

What sort of credit checks are involved?
There are no credit checks or appraisals on the property whatsoever.  

Will I still have to pay if the deal falls through on closing day?
No, we only charge fees for deals that are completed entirely. If your end buyer backs out at the last minute or doesn't close for any reason, there is absolutely no charge to you.

What about closing costs? Do you fund that too?
We provide 100% of the funding of your real estate transaction, and that includes all closing costs for the 1st transaction (the A to B transaction).

Can you fund my rehab project?
No, we only fund deals that are closing back to back in the same day. We offer no other financing. 

Is there a minimum or maximum deal you can fund?
We prefer deals at least $50,000 or more, but we will consider any deal with an end buyer in place. We can fund deals worth well over $1,000,000.

Can my end buyer get funding with you also?
No we only offer funding for the 1st transaction (the A to B transaction). Your end buyer must have pre-approval for financing or provide proof of funds as a cash buyer.

How much lead time do you require?
We can fund deals with as little as 48 hours notice, but the more time we have in advance of the closing date, the better.  

Contact us for more info